Bidding Date
21-Aug-2024 to
23-Aug-2024
Issue Size
₹214.76 Cr
Price Band
₹195 to ₹206
Allotment date
26-Aug-2024
Listing date
To be updated
Lot size
72
No. of shares
1,04,25,243
Fresh issue/OFS
₹120 Cr/₹94.76 Cr
Founded in 1997 and headquartered in Mumbai, Maharashtra, Orient Technologies Ltd has established itself as a prominent information technology (IT) solutions provider. Their business operations are centered around providing technologically advanced IT solutions. They collaborate with leading technology partners like Dell International Services India Private Limited, Fortinet, Inc., and Nutanix Netherlands B.V. to enhance their offerings. Their business is segmented into three key areas: IT Infrastructure, IT Enabled Services (IteS) and Cloud and Data Management Services. Their solutions are tailored to meet the specific requirements of their clients across various industries such as banking, financial services, insurance (BFSI), IT, ITeS, healthcare, and pharmaceuticals.
Category
Status
QIBs
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NIIs
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Retail
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Others
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Total
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The issue size of Orient Technologies Ltd is ₹214.76 Cr.
Orient Technologies Ltd falls into Software & IT Services industry.
The open and close dates for the Orient Technologies Ltd are 21-Aug-2024 & 23-Aug-2024.
The price band for the Orient Technologies Ltd ipo is ₹195 to ₹206
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Key financial of the Orient Technologies Ltd are:
| Orient Technologies Ltd | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 602.9 | 535.1 | 467.4 |
| EBIT (₹ Cr) | 53 | 46.8 | 43.8 |
| Proft after Tax (₹ Cr) | 41.4 | 38.3 | 33.5 |
| Debt (₹ Cr) | 4.8 | 12.9 | 2.3 |
| Net Worth (₹ Cr) | 175.3 | 128.8 | 94.1 |
| RoE (%) | 23.62 | 29.74 | 35.6 |
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